A partnership has many important provisions that will guide the business through the good times and the tough times. Transitioning periods can fall into either or both of these categories. For instance, if one partner wants to leave the partnership, it can be an opportunity for them to leave an endeavor to...
Choosing the Right Business Partner
Sometimes business partners form their business form the ground up together, right from the get-go. Other times, a person may start a business or come up with a business idea and then decided that the business could benefit from bringing in a partner. Of course, engaging in a business partnership is...
Business Contract Liquidated Damages Clause
When we put a business contract in place, we hope that everything works out as it should. We hope that the other party upholds their end of the bargain and that things proceed smoothly. Unfortunately, this is not always the case. Breaches not only occur in business contracts, but they are...
What are Adhesion Contracts?
In running a business, it is likely that you will encounter a large number and wide variety of contract types. You are also likely to use a number of different contracts in running your business. Sometimes, there will be recurring contracts that need to be signed by clients, customers, and other...
Professional Corporations
Are you looking to form a business with a group of fellow licensed professionals? Whether you are a doctor, attorney, architect, public accountant, or a member of a profession requiring some kind of licensure, you may be interested in registering your business as a professional corporation with the Pennsylvania Secretary of...
Subchapter S Versus Subchapter C Corporations
Subchapter S and Subchapter C Corporations may be similar in name, but they have some key differences of which you should be aware. After all, how you set up your business will have a profound impact on how it is set up, taxed, and run. With such a foundational choice like how...
Remote Work Policies
While remote work options were on the rise in the past few years, the pervasive shutdowns and other social distancing restrictions associated with the COVID-19 pandemic have encouraged even more businesses to move to remote work or at least have the structure in place for workers to go remote should the need...
Why Hire an Attorney to Help Set Up Your Business
Starting a business can be an exciting time. With all that excitement and a desire to save money, it can be tempting to jump right in and try to use quick do-it-yourself legal forms for all of your business’s start-up needs. Be wary of cutting such corners, however. The forms you complete...
Virtual Mediation During the COVID-19 Pandemic
Business as usual often looks very different these days. The persistent presence of the COVID-19 pandemic has forced businesses to confront new challenges and come up with innovative solutions in order to run a successful, profitable business while managing the health and safety of employees, contractors, clients, and others. Fortunately, advances in...
What is the Promoting Competition in the American Economy Executive Order?
In announcing the Promoting Competition in the American Economy Executive Order, the White House declared that decades of corporate consolidation has led to a small number of large corporations controlling more of the business than they did twenty years ago in more than 75% of U.S. industries. This includes health care, financial...